The New Corporate Governance landscape and its impact on the companies’ future

The world regulatory landscape of the corporate governance (CG) changed substantially in the last six years having an impact on the company’s business operations and ability to attract capital necessary for the economic growth of the company as the quality of CG significantly contributes to the enhancement of investor and shareholder confidence in the company. Therefore, good corporate governance is a key factor in attracting both local and foreign investments, retaining investor confidence in the company and increasing the company’s competitiveness. Corporate governance refers to having the appropriate people, processes, and structures to direct and manage the business and affairs of the company to enhance long-term shareholder value, whilst considering the interests of other stakeholders. Companies that embrace the tenets of good governance, including accountability, transparency, and sustainability, are more likely to engender investor confidence and achieve long-term sustainable business performance. The attention paid to the international dynamics of corporate governance evolution has led, for example, to a focus on sustainability, through the persistence in promoting the long-term success of the company and its contribution to the community at large. Also in recent years, there has been an increased focus on the role of shareholders/investors in listed companies based on the revised EU legal framework of the dedicated Directive. In addition, G20 and OECD CG principals from 2015 and Paris Agreement from 2015 determined a lot of amendments to the CGC of the capital markets worldwide. The authors will present in this research paper the main directions of the mentioned legal provisions and their impact on the CGC analyzed in the seven years and the new directions for changes proposed by the G20 and OCED after the consultations from 2022

Corporate Carbon Performance Study Across Nations: The Point of View of Global Investors

The paper aims to examine the global carbon performance of companies from the perspective of national diffusion. According to the Paris Agreement, listed companies from non-OECD countries produce average carbon dioxide cheaper than listed companies from OECD countries. However, the spread of corporate carbon dioxide emissions is lower in OECD countries compared to non-OECD countries, due to the increase in average national carbon dioxide emissions. Also, the spread of corporate carbon dioxide emissions at the country level in the post-Paris Agreement period is inversely correlated with foreign stock ownership. This result confirms our hypothesis that advanced foreign investors from rich countries have a significant positive effect on the efficiency of indigenous firms in developing countries in managing carbon emissions.While the sources checked for this paper may focus on different dependent variables at times, they all address the subject of whether a stricter and more enforceable regulatory framework on carbon emission may lead to a healthier and sustainable environment. We used the quantitative and qualitative analysis to see in what extent large sets of data regarding various indicators of corporate carbon performance are confirmed by a rate of success in the yearly sustainability reports released by the large international companies and international organizations. Further research may also focus on different strategies which aim to produce effects in the long run, not necessarily linked with corporate targets. For this, the topic should be addressed on the level of the entire society and the mission of the governments, and the international community is to find the best way for cooperation